Lucy Fato to Assume Role of Vice Chair at AIG
06 9월 2023 - 5:16AM
Business Wire
American International Group (NYSE: AIG) today announced that
Lucy Fato will transition from her current role as Executive Vice
President, General Counsel & Global Head of Communications and
Government Affairs to Vice Chair at AIG, effective October 1, 2023.
In this newly created role, Ms. Fato will report to Peter Zaffino,
Chairman & Chief Executive Officer of AIG, and continue to
support AIG's journey to become a top performing global
insurer.
Mr. Zaffino stated: “Since Lucy joined AIG in 2017, she has
played a pivotal role in successfully navigating AIG’s complicated
transformational work and executing on multiple complex workstreams
that have transformed the company into what it is today. These
include strengthening AIG’s governance framework and stakeholder
engagement, assessing and enhancing our organizational health,
leading the design of AIG’s Purpose & Values, positioning AIG
and Corebridge Financial as separate standalone entities,
navigating the complexities of the pandemic, and executing on a
series of transactions and partnerships that have streamlined our
portfolio and repositioned AIG for long-term profitable growth. I
have valued Lucy’s involvement in so many critical moments for AIG,
admire her work ethic and tireless commitment to making a
difference, and look forward to her continued contributions in her
new role.”
Ms. Fato stated: “It has been an honor to work with Peter,
someone I have known for almost two decades and admire for his
exceptional leadership, integrity, allyship and commitment to
excellence. AIG’s accomplishments over the last few years have been
extraordinary, and I look forward to continuing to collaborate with
Peter in my new role and contributing to AIG’s ongoing success.
Additionally, I am very proud of the talented colleagues in the
Global Legal, Compliance, Regulatory, Government Affairs and
Communications teams that I have had the privilege of leading and
the important role they have played in the most complex turnaround
and transformation in the history of the insurance industry.”
Rose Marie Glazer, Executive Vice President, Chief Human
Resources & Diversity Officer, will serve as interim General
Counsel and Head of Government Affairs and Jennifer Silane, Chief
of Staff to the Chairman & CEO of AIG, will serve as interim
Head of Global Communications in addition to their current roles
until permanent successors for Ms. Fato are named.
About AIG
American International Group, Inc. (AIG) is a leading global
insurance organization. AIG member companies provide insurance
solutions that help businesses and individuals in approximately 70
countries and jurisdictions protect their assets and manage risks.
For additional information, visit www.aig.com. AIG common stock is
listed on the New York Stock Exchange.
AIG is the marketing name for the worldwide operations of
American International Group, Inc. All products and services are
written or provided by subsidiaries or affiliates of American
International Group, Inc. Products or services may not be available
in all countries and jurisdictions, and coverage is subject to
underwriting requirements and actual policy language. Non-insurance
products and services may be provided by independent third parties.
Certain property casualty coverages may be provided by a surplus
lines insurer. Surplus lines insurers do not generally participate
in state guaranty funds, and insureds are therefore not protected
by such funds.
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version on businesswire.com: https://www.businesswire.com/news/home/20230905864468/en/
Quentin McMillan (Investors): quentin.mcmillan@aig.com Dana
Ripley (Media): dana.ripley@aig.com
American (NYSE:AIG)
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